How will this debt be paid off??
Inflation!
By debauching the U.S. Dollar and upcoming tax increases.
The bond buying opportunity of a lifetime that began in 1981 with
10 year Treasury Bonds yielding 15.84% and then its roller coaster decline
ending in 2020 at 0.52%. The U.S. is now
entering a phase just the opposite with interest rate increasing in a saw tooth
manner. During growth phases in the
economy expect higher rates especially for long term bonds and during economic
declines expect higher lows.
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